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The 2006 United States Federal Budget began as a proposal by President George W. Bush to fund government operations for October 1, 2005 – September 30, 2006. The requested budget was submitted to the 109th Congress on February 7, 2005. [1] The government was initially funded through a series of three temporary continuing resolutions.
The following list includes the annual nominal gross domestic product for each of the 50 U.S. states and the national capital of Washington, D.C. and the GDP change and GDP per capita as of 2024. [1] [3] The total for the United States in this table excludes U.S. territories. The raw GDP data below is measured in millions of U.S. Dollars.
The United States produced 25.3% (nominal) and 15.5% of global GDP (PPP) in 2022. ... India's share of global GDP declined to less than 2% of global GDP by the time ...
The GDP bottom, or trough, was reached in the second quarter of 2009 ... Alan Greenspan was the Chairman of the Federal Reserve of the United States from 1987 to 2006.
This historical list of the ten largest countries by GDP according to the World Bank shows how the membership and rankings of the world's ten largest economies has changed. Historically, the United States was consistently year after year the world's largest economy since the early twentieth century.
Dates Duration (months) Annual Employment Growth [2] Annual GDP Growth [3] Description Oct 1945– Nov 1948 37 +5.2% +1.5%: As the United States demobilized from World War II, the decline in government spending caused a brief recession in 1945 and suppressed GDP growth for several years thereafter.
United States housing bubble: A total of 1,259,118 foreclosures are filed during 2006, up 42 percent from 2005. [ 63 ] Subprime mortgage crisis : This summer, the housing bubble bursts, starting a chain of events that would eventually develop into a full-blown market meltdown.
The United States has a highly developed mixed economy. [44] [45] [46] It is the world's largest economy by nominal GDP and second largest by purchasing power parity (PPP). [47]As of 2024, it has the world's sixth highest nominal GDP per capita and eighth highest GDP per capita by PPP). [10]